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Showing 71 - 80 of 287 results for "Tax concessions"

Super tax concessions out of hand

HARRISON WORLEY  |  MONDAY, 24 FEB 2020
Latest analysis of Treasury data shows superannuation tax concessions are growing so large they will soon rival the Age Pension. New Australia Institute analysis shows tax concessions in superannuation are almost as large as the cost of the Age Pension ...

SG increase will hurt women: NFAW

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... superannuation accrued by casual and part-time workers, of which a high proportion are women," the NFAW said. "The tax concessions that are associated with the superannuation system, particularly in respect of voluntary contributions, are skewed to male ...

ISA reaffirms stance on super guarantee

ELIZA BAVIN  |  TUESDAY, 4 FEB 2020
... the taper rate to $2 to remove a disincentive to save for middle income earners. It also recommended examining tax concessions, increasing the low income superannuation tax offset and making super payable on the day. ISA chief executive Bernie Dean said ...

Women in Super: A year of accomplishments

MICHELLE BALTAZAR  |  MONDAY, 2 DEC 2019
... that women currently retire with 47% less superannuation than men and receive only one-third of the government tax concessions on super, while men receive the other two-thirds. The huge super gender disparity has urged WIS to lobby the government for ...

Super debate too one dimensional: Rice Warner

HARRISON WORLEY  |  MONDAY, 26 AUG 2019
... on single issues at a point in time. Should the SG rate go to 12%? Is the means test a disincentive to save? Do tax concessions reduce the cost of the Age Pension? Will adequate retirement incomes be achieved?" Rice Warner said. "This is understandable ...

Retirees to fall short: Research

HARRISON WORLEY  |  MONDAY, 29 APR 2019
... individuals is how to fund the retirement of an ageing population," Morris said. "Superannuation, through its tax concessions and compulsory nature, has been the main vehicle for trying to achieve this and is having some success but total savings (including ...

Income only falls by 11% in retirement: Grattan

KANIKA SOOD  |  TUESDAY, 16 APR 2019
... beneficiaries from a higher Super Guarantee would be high-income workers who would benefit from further super tax concessions," Grattan said. "Retirement incomes for low- income workers would increase by around 2.5%, but most low- and middle-income workers ...

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
... liked to see this budget address the need for a Low Income Superannuation Contribution Scheme in addition to the tax concessions, to boost retirement saving potential and in turn, reduce future pressure on the age pension and support better financial ...

Retirement living advice is an opportunity: Challenger Financial Standard Technical Services Forum

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... Singh said the UK government could see people taking money out of the UK and moving it to other countries to gain tax concessions. It then prevented 55 year olds taking their money out, unless they were subject to ill health. It also removed the ability ...

Housing affordability fuelling negative gearing backlash

JAMIE WILLIAMSON  |  FRIDAY, 16 MAR 2018
... retirement," she said. Scheerlinck called for a re-examination of the role of negative gearing and Capital Gains Tax concessions, which have been proven to fuel house prices and direct tax expenditure into unproductive assets. "Unlike superannuation ...